FIRST NATIONS TAX COMMISSION COMMISSION DE LA FISCAL ITE DES PREMIERES NATIO I\JS
The First Nations Tax Commission, pursuant to the First Nations Fiscal Management Act, hereby approves the following law made by the Cayoose Creek Indian Band in the Province of British Columbia,
CAYOOSE CREEK IND/AN BAND ANNUAL TAX RATES LAV½ 2024
Dated at Vancouver, British Columbia this 10th day of December, 2024.
ief ommissioner C.T. (Manny)Jules On behalf of the First Nations Tax Commission
CAYOOSE CREEK INDIAN BAND ANNUAL TAX RATES LAW, 2024 WHEREAS: A. Pursuant to section 5 of the First Nations Fiscal Management Act, the council of a first nation may make laws respecting taxation for local purposes of reserve lands and interests or rights in reserve lands, including laws to establish tax rates and apply them to the assessed value of those lands and interests or rights;
B. The council of the First Nation has made a property assessment law and a property taxation law; and
C. Subsection l 0(1) of the First Nations Fiscal Management Act requires a first nation that has made a property taxation law to, at least once each year, make a law setting the rate of tax to be applied to the assessed value of each class of lands and interests or rights;
NOW THEREFORE the Council of the Cayoose Creek Indian Band duly enacts as follows: 1. This Law may be cited as the Cayoose Creek Indian Band Annual Tax Rates Law, 2024. 2. In this Law: "Act" means the First Nations Fiscal Management Act, S.C. 2005, c. 9, and the regulations made under that Act;
"Assessment Law" means the Cayoose Creek Indian Band Property Assessment Law, 2014; "First Nation" means the Cayoose Creek Indian Band, being a band named in the schedule to the Act; "property taxation law" means a law enacted by the First Nation under paragraph 5(l)(a) of the Act; "taxable property" has the meaning given to that tenn in the Taxation Law; and "Taxation Law" means the Cayoose Creek Indian Band Property Taxation Law, 2014. 3. Taxes levied pursuant to the Taxation Law for the taxation year 2024 shall be detennined by imposing the rates set out in the Schedule upon the assessed value of all taxable prope1ty in each prope1ty class.
4. Notwithstanding section 3, where the amount of the tax levied on taxable property in a taxation year is less than one hundred dollars ($100), the taxable property shall be taxed at one hundred dollars ($100) for the taxation year.
5. Except where othe1wise defined, words and expressions used in this Law have the meanings given to them in the Assessment Law and the Taxation Law.
6. Where a provision in this Law is expressed in the present tense, the provision applies to the circumstances as they arise.
7. This Law must be construed as being remedial and must be given such fair, large and liberal consh·uction and interpretation as best ensures the attainment of its objectives.
8. The Schedule attached to this Law forms part of and is an integral pait of this Law. 9. This Law comes into force and effect on the day after it is approved by the First Nations Tax Commission.
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THIS LAW IS HEREBY DULY ENACTED by Council on the 14 day of November 2024, at Lillooet, in the Province of British Columbia.
A quorum of Council consists of Three (3) members of Council.
Councillor Jolene Alec
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Councillor Robin Frank
PROPERTY CLASS
Class 1- Residential
Class 2- Utilities
Class 4- Major Industry
Class 5- Light Industry
Class 6- Business and Other
SCHEDULE TAX RATES
Class 8- Recreational Property /Non-Profit Organization
Class 9- Farm
RATE PER $1,000 of Assessed Value
3.66065
20.38148
13.39103
10.01143
8.86725
4.12915
8.95915
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